What is Paylution?
Paylution (www.paylution.com) is an easy-to-use, secure, global online Pay Portal dedicated to our organisation and valued businesses.
Paylution is an easy-to-use, which allows you to receive payments electronically and transfer them quickly and efficiently into your bank account, or onto a Paylution Visa Prepaid Card(when available). You will receive a Paylution notice after your first payment is prepared.
Instead of settlements twice a month, now you will get paid out every week, making it easier to track your ROI and get your money faster.
Paylution accounts are created upon business creation. Once their account is set up, fulfillers need to put in their banking information when creating their business. They can also make more accounts with different banking information afterwards. The fulfillers can activate automatic transfers, so future payments from Quivers will go directly to their bank accounts.
For more information on the auto-transfer in Paylution, please visit our article How to Configure Auto Transfer in Paylution.
*Note: You will need your Quivers Merchant ID to set up your account with Paylution. This can be found under the tab Payouts.
This is only assessed if you have not been paid by Quivers for three months consecutively and you have also left a positive balance in your pay portal. If the balance is $0.00 or if Quivers are actively paying you, this fee will not be assessed. As long as you set up auto transfers to bank your account so that no funds are left in the portal, this fee will not be assessed. If this fee is ever assessed, it is as follows for each country:
USA – USD 3.00
Canada – CAD 4.00
If you need further assistance configuring your Paylution account for Quivers, please reach out to the Quivers accounting team at firstname.lastname@example.org.